Financial Performance

Subject: Managerial Finance I

Instructor: Bob
Students: Lawrence C.
Monica E.
Carrington B.
Date: 06/13/2006

The current ratio is a comparison of a firm's current assets to its current liabilities. For example, Dell's Inc. current assets are 16,897. (in millions) and its current liabilities are 14,136, (in millions) then its current ratio would be 16,897. (in millions) divided by 14,136, (in millions), which equals 1.1. This was the fiscal years ending January 28 ,2005

In comparison, Hewlett Packard current assets are 43,334,(in millions), and its current liabilities are 31,460, (in millions) then its current ratio would be 43,334,. (in millions) divided by 31,460, (in millions), which equals 1.1. This was the fiscal years ending October 31, 2005

The current ratio is an indication of a firm's market liquidity and ability to meet short-term debt obligations. Acceptable current ratios vary from industry to industry, but a current ratio......

Join Now to view the rest of this term paper!
Members: Login to view this research paper.

Title: Financial Performance
Approximate Word Count: 1569
Approximate Pages: 7 (250 words per double-spaced page)

With the Term Papers Lab Membership Pass, you get instant access to every essay on this site, including this essay on Financial Performance, for as long as you remain a member.

Other essays sites charge almost $100 for a single term paper. At Term Papers Lab, you can get instant access to over 100,000 research papers for as little as $29.95!